Local IT firms stay cool to US BPO ban

BANGALORE: The US Senate vote on Thursday preventing Federal contractors from outsourcing American jobs offshore, produced a big yawn on Friday from Indian IT services vendors.

If signed into law, this will stop the movement of Federal government contracts for goods and services, and state government contract works that use Federal funds. But as the Indian industry has been saying time and again, this will have little impact because India's share of such business is minuscule.

Unimpressed by constant requests for a response on the anti-outsourcing protest and legislation, senior executives of software companies told ET on Friday that they have nothing new to add, reiterating the negligible impact of US Senators' attempts to prevent offshoring Federal work outside the US.

Kris Gopalakrishnan, chief operating officer, Infosys, said the move will not have any impact on Infosys as the company does not have any government projects.

Likewise, Girish Paranjpe, president, banking and finance services, Wipro Technologies, said there can be no major impact of the US Senators' move.